Regarding Geoff's point 1 and 6, instead of giving the money to local authority staff could the quid be given to the poorest people in society on top of any benefits already given to them?
I imagine that, initially at least, the people willing to provide services in exchange for quids will probably be people already in despearate need of extra liquidity (such as the unemployed). This would further mitigate the issues raised in points 1 and 6 above.
At the Feasta climate weekend in Wales last month David Knight gave a presentation on 'fracking': the use of unconventional methods for extracting natural gas. Fracking has become the subject of much controversy on both sides of the Atlantic as the energy industry lobbies for its widespread adoption. Knight discussed its viability in terms of energy return on investment, its potential as a pollutant and its effect on climate change. You can download his powerpoint slides from this site now, along with the script he used while giving the presentation.
I attended the recent Transition Networks one day conversation in London on 'Peak Money and Economic Resilience'. Prompted by the event, I have contributed some thoughts on the fundamental objectives of a local exchange currency - increasing both the proportion of trade that is locally-based, and overall liquidity - and on how these might best be achieved.
Link to weekly newsletter on MMT or Modern Monetary Theory: Modern Monetary Theory
Here is the link to a weekly newsletter on the green job guarantee: Green Job Guarantee
I am a very reluctant Facebook user but I had to sign up to use this very useful tool ‘Scoop.it’ that Facebook controls. Using it, I have set up a little newsletter
on Land Value Tax with stories gleaned from all over the world that I will update weekly.